(1) The President will take Richard Trumka of the AFL-CIO with him to Congress tonight. Trumka's union saw 500 of its members storm a business last night, take hostages, and destroy property. The President will also take Jeffrey Immelt of GE with him. General Electric is a prime example of a business that has profited lately not through the free market, but through the government picking winners and losers.(2) Solydra, which got millions from Barack Obama in his last stimulus and had the President champion its cause, got raided by the FBi today.(3) We would not have to be subjected to this tonight if President Obama's last attempts had worked — including attempts from when the the Democrats controlled both the White House and Congress.Tonight we will hear nothing new — just repackaged, failed ideas.February 24, 2009:
Over the next two years, this plan will save or create 3.5 million jobs. More than 90% of these jobs will be in the private sector – jobs rebuilding our roads and bridges; constructing wind turbines and solar panels; laying broadband and expanding mass transit.Because of this plan, there are teachers who can now keep their jobs and educate our kids. Health care professionals can continue caring for our sick. There are 57 police officers who are still on the streets of Minneapolis tonight because this plan prevented the layoffs their department was about to make. Because of this plan, 95% of the working households in America will receive a tax cut – a tax cut that you will see in your paychecks beginning on April 1st.Because of this plan, families who are struggling to pay tuition costs will receive a $2,500 tax credit for all four years of college. And Americans who have lost their jobs in this recession will be able to receive extended unemployment benefits and continued health care coverage to help them weather this storm.
As a result, millions of Americans had more to spend on gas and food and other necessities, all of which helped businesses keep more workers. And we haven't raised income taxes by a single dime on a single person. Not a single dime. (Applause.)Because of the steps we took, there are about two million Americans working right now who would otherwise be unemployed. (Applause.) Two hundred thousand work in construction and clean energy; 300,000 are teachers and other education workers. Tens of thousands are cops, firefighters, correctional officers, first responders. (Applause.) And we're on track to add another one and a half million jobs to this total by the end of the year.The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act. (Applause.) That's right -– the Recovery Act, also known as the stimulus bill.
Over the last two years, we have begun rebuilding for the 21st century, a project that has meant thousands of good jobs for the hard-hit construction industry. Tonight, I'm proposing that we redouble these efforts.We will put more Americans to work repairing crumbling roads and bridges. We will make sure this is fully paid for, attract private investment, and pick projects based on what's best for the economy, not politicians.
Just words and status quo.